View This Newsletter: Fiduciary Issues and Hurricane Relief Fiduciary Rule Round Up There has been much upheaval in the retirement world as of late and it centers around the new fiduciary rule. The New Fiduciary Rule means that many investment professionals…
View This Newsletter: Retirement Plan Rx Overview: The latest news regarding retirement plans has centered around service provider fees. While fees are a highly important aspect of managing an employer-sponsored retirement plan, they are not the only metric of your overall…
View This Newsletter: Benefit Communications in an Electronic World Overview: With communication mediums like email, text, and IM’s becoming the standard in business industries worldwide, plan sponsors are becoming increasingly interested in abandoning paper processes for a more electronic means…
View This Newsletter: Dealing with Uncashed Distribution Checks and Missing Participants Overview: It is estimated that uncashed checks account for billions of dollars, representing a fortune of uncollected funds belonging to plan participants or beneficiaries that they are not able to…
View This Newsletter: Rules and Taxation of 401(k) Plan Distributions Overview: A 401(k) plan permits employees to defer a portion of their salaries on a pre-tax basis with the objective of accumulating assets for retirement. Additional assets are accumulated if…
View This Newsletter: Keeping Abreast of Plan Loan Rules Overview: If you have a 401(k) plan, you’ve likely had participants ask about taking loans from their accounts. If you haven’t yet, it is only a matter of time. While the concept…
View This Newsletter: DOL Fiduciary Rule Overview: On April 8, 2016 the Department of Labor (DOL) issued final guidance that greatly expands the types of retirement investment advice that will be subject to the fiduciary duty rules under the Employee Retirement Income…
View This Newsletter: Fun with Forfeitures Overview: As participants in 401(k)/profit sharing plans, we know that a vesting schedule can apply to a portion of our account balance. But what happens to that non-vested portion after we terminate employment? Those monies…
View This Newsletter: A Fresh Look at Your Form 5500 Filing Overview: If your firm has a profit sharing plan, a 401(k) plan or some other tax-qualified retirement plan, then you have been given a Form 5500 to sign and file every…
View This Newsletter: Part-Time Employees in 401(k) Plans Overview: 401(k) plans cannot simply exclude all part-time employees. This newsletter explains when part-time employees must be covered by the company’s 401(k) plan. Minimum Age and Service Requirements 1,000 hours of service and…
